The whole idea behind Bitcoin was to create a decentralized currency, a currency free from the Governments and banks. If someone somehow managed to centralized it, that would mean Bitcoin has failed its original purpose and it will become worthless. Bitcoin is very much the future of finance and it will become your go-to currency in near future.
it could happen if the government allows bitcoin into currency, if that happens then bitcoin will be focused on the state finances and hastily by many people, because currently bitcoin is only concentrated in the world of crypto trade